FedEx (FDX) PT Lowered to $330 at Susquehanna

Susquehanna analyst Bascome Majors lowered the price target on FedEx (NYSE: FDX) to $330.00 (from $345.00) while maintaining a Positive rating.

The analyst commented: "FDX’s results clearly disappointed their own expectations, and parcel price competition should weigh on sector sentiment. We remain Positive on shares, but clear-eyed that it will take time, execution, and stabilization in the competitive landscape to restore sentiment. FDX reported F1Q25 adj. EPS of $3.60 (ex. $100M/$0.39 in items), $1.21 below our $4.81 and $1.15 below
consensus."

You May Also Be Interested In

• Adobe (ADBE) PT Lowered to $225 at UBS Amid Plans to Pivot to Freemium Model
• RLJ Lodging Trust (RLJ) PT Raised to $10 at Truist Securities
• Uber Inc. (UBER) PT Raised to $115 at Tigress Financial Partners